WeRide (WRD) VP reports sizeable options and RSU holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
WeRide Inc. vice president Yang Qingxiong has filed an initial Form 3 showing his existing equity holdings in the company. The filing reports a share option giving the right to buy 1,800,000 Class A Ordinary Shares at an exercise price of $0.55 per share, expiring on October 25, 2031, which is fully vested and exercisable. It also reports 900,000 restricted share units that vest 10% on July 24, 2026, with the remainder vesting in increasing monthly installments over four successive 12‑month periods, contingent on continued service. The filing does not report any new purchases or sales, only the current ownership position.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Yang Qingxiong
Role
Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Share Option (right to buy) | -- | -- | -- |
| holding | Class A Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Share Option (right to buy) — 1,800,000 shares (Direct);
Class A Ordinary Shares — 900,000 shares (Direct)
Footnotes (1)
- Represents restricted share units ("RSUs"). The RSUs vest 10% on July 24, 2026, with the remainder vest in substantially equal monthly installments over four successive 12-month periods as follows: 15% of the RSUs during the first such period, 20% of the RSUs during the second, 25% of the RSUs during the third, and 30% of the RSUs during the fourth, in each case subject to the Reporting Person's continued service with the Issuer. Fully vested and exercisable.
FAQ
What does Yang Qingxiong’s Form 3 for WeRide Inc. (WRD) disclose?
The Form 3 discloses Yang Qingxiong’s existing equity stake in WeRide Inc., including options and restricted share units. It is an initial ownership statement, not a record of new share purchases or sales.
Does Yang Qingxiong’s WeRide (WRD) Form 3 show any recent insider buying or selling?
No, the Form 3 does not show recent buying or selling activity. It lists Yang’s existing holdings in options and restricted share units as of the reporting date, serving as an initial beneficial ownership statement.
When do Yang Qingxiong’s WeRide (WRD) stock options expire and at what price?
Yang’s share option over Class A Ordinary Shares carries an exercise price of $0.55 per share and expires on October 25, 2031. The filing specifies that these options are already fully vested and exercisable.
What conditions affect vesting of Yang Qingxiong’s WeRide (WRD) RSUs?
Vesting of the 900,000 RSUs depends on Yang’s continued service with WeRide. They vest 10% on July 24, 2026, with the remaining percentages vesting monthly over four successive 12‑month periods as outlined in the schedule.